Browsing Tag

Property Trends

8 posts
luxury real estate

Rising Demand for 1 & 2 BHK Luxury Apartments in Mumbai’s Prime Micro-Market

Mumbai’s prime micro-markets, Dadar and Shivaji Park, are witnessing a surge in demand for 1 & 2 BHK luxury apartments. With high resale value, seamless connectivity, and modern amenities, these compact yet premium residences are becoming the preferred choice for professionals and investors
Mumbai property market growth Navratri 2024

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.
Bengaluru

Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.
Unsold stock of homes

Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai Sees Record Property Registration Revenue During Diwali Boom

In a remarkable display of market resilience, Mumbai’s property registrations hit a record high during the Diwali season, with October 2024 witnessing a revenue collection of ₹1,081 crore. This 52% increase over last year highlights a growing trend towards higher-ticket home sales, as the city embraces a festive boom in real estate activity.